France · Oil Gas · Scope 1+2 34 MtCO2e (2023)
EU ETS (refining + petchem). 2023 allowance purchase: €853M (~$925M)
Very High — comprehensive EU-regulated reporting
Multi-energy strategy: LNG + renewables + selective upstream; 2050 net-zero; significant CCUS investment
Has among the highest declared ETS costs. Operates CCS projects (Aramis, Northern Lights); could be a proof-pack supplier on removal tonnes.
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